(Adds details) By Foo Yun Chee BRUSSELS Oct 29 (Reuters) - EU antitrust regulators have told trader Glencore to offer concessions in its zinc operations to ease concerns about its planned $33 billion buy of miner Xstrata, a person familiar with the matter said on Monday. The European Commission, which handles competition regulation in the 27-member European … [Read more...] about EXCLUSIVE-UPDATE 1-EU regulators want Glencore concessions on Xstrata deal -source
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CORRECTED-PRECIOUS-Gold holds near $1,710 on global growth concerns
(Corrects platinum price drop linked to erroneous data feed) * Resilience above $1,700/oz reassures investors * Drop in stocks, commodities exerts some pressure * Markets brace for impact of Hurricane Sandy By David Brough LONDON, Oct 29 (Reuters) - Gold prices held near $1,710 an ounce on Monday as concerns over the global growth outlook supported … [Read more...] about CORRECTED-PRECIOUS-Gold holds near $1,710 on global growth concerns
S.Africa okays $5.4 bln in clean energy projects
* To sign deals worth 47 bln rand on Nov. 5 * To expand green energy procurement by 3,200 MW JOHANNESBURG Oct 29 (Reuters) - South Africa has given the green light to an initial $5.4 billion worth of clean energy projects that will allow it to procure 1,400 MW of electricity and help reduce reliance on coal-fired plants, the energy minister said on Monday. The … [Read more...] about S.Africa okays $5.4 bln in clean energy projects
CORRECTED-UPDATE 2-S.Africa’s Nedbank lifted by higher-risk lending
(corrects seventh paragraph, Nedbank S.Africa's No.4 bank, not No.2) * Non-interest revenue up 14 pct * Net interest income up 9 pct * Shares flat By David Dolan JOHANNESBURG, Oct 29 (Reuters) - Nedbank Group announced on Monday that it is on track for double-digit earnings growth this year, the latest South African bank to benefit from a rise in … [Read more...] about CORRECTED-UPDATE 2-S.Africa’s Nedbank lifted by higher-risk lending
PRECIOUS-Gold holds near $1,710 on global growth concerns
* Resilience above $1,700/oz reassures investors * Drop in stocks, commodities exerts some pressure * Markets brace for impact of Hurricane Sandy By David Brough LONDON, Oct 29 (Reuters) - Gold held near $1,710 an ounce on Monday as concerns over the global growth outlook supported demand for the metal as a store of value, but losses in the broader financial … [Read more...] about PRECIOUS-Gold holds near $1,710 on global growth concerns
